Administration of defined contribution retirement plans is generally outsourced by plan sponsors to third-party financial institutions, resulting in two primary types of plan fees. While investment fund fees in defined contribution plans have been heavily scrutinized, the administrative fees...

The Employment Retirement Income Security Act (ERISA) requires various disclosures be made to pension plan participants. These disclosures are required to ensure that plan participants are able to make informed decisions regarding their investment choices, for the plan to remain a tax-qualified...